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22 November 2024 - Year XXVIII
Independent journal on economy and transport policy
00:29 GMT+1
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BRIEFS
November 16, 2018
Sched Netweb site
  • Major liners to form new body for digitalisation and standardisation
  • Maersk back into profit thanks to Hamburg-Sud and higher freight rates
  • PISR joins BIMCO to boost credentials
  • Record box throughput in Oct puts strain on gates at Virginia port
  • UK-US talks to pave way for free trade agreement post-Brexit continue
  • CEVA earnings dragged down by Italian contract logistics problems
  • ICTSI seeks permission to develop Iloilo ports
  • 2 Lebanese men held in US on charges of weapons smuggling
  • Amazon takes delivery of final freighter from Atlas Air, in time for Xmas
  • Dachser runs central Europe-China freighter charters over the peak season
  • Ethiopian receives 8th B777 freighter

Exim Indiaweb site
NOVEMBER 15, 2018
  • Capt. Vivek Anand elected FONASBA's Regional Vice-President for Middle East & Indian Subcontinent region
  • Five container shipping companies coming together for digitalisation, standardisation & interoperability
  • Japan initiates WTO dispute complaint against Korean support for shipbuilders
  • Kierstin Lachtman to succeed Joe Ludwiczak as head of Liberian Shipowners' Council
  • NYK promotes decarbonisation through exploratory design of super eco ship
  • OOCL introduces new Asia-South Africa direct services
  • WCO releases report on illicit financial flows via trade mis-invoicing
  • India plans to boost shipments of around 200 products to China & narrow deficit
  • MbPT observes Vigilance Awareness Week
  • Reefer container transporters & grape exporters discuss key issues
  • Supply chain function in India in a good position to create value & drive transformation, says report
  • FIEO seminar on business opportunities/business immigration in US today in Mumbai

International Transport Journalweb site
  • Set to grow through takeovers
  • Freight railways impacted by road haulage industry offences
  • Switzerland: cheaper electricity for railway
  • Goodman building for K+N
  • DB Schenker goes for Winter in Austria
  • IMRF and Nautical Institute form alliance
  • Air Baltic celebrates centenary of Latvia's independence
  • Panalpina issues CHF 150 million bond
  • Splendid month for Georgia Ports
  • XPO Europe appoints senior VP strategic sales
  • Volga-Dnepr supports spacecraft and planes
  • Greencarrier and Terminus form JV
  • "Curiosity of the Day"
  • Stepping up Albatros Express frequencies
  • ICTSI names new APAC head
  • Maersk on rising tide in Q3
  • Another large freighter for Ethiopian Cargo

IHS Maritimeweb site
NOVEMBER 15, 2018
  • MPP/heavy-lifter market levelling off
  • Product tanker rates have hit bottom and recovery lies ahead, says Torm
  • Pan Ocean optimistic despite US-China trade war
  • MPC Container Ships puts scrubbers on feeder vessels
  • Top five liner operators form association for IT collaboration
  • How remote can remote control become in the world of automated terminals?
  • CDB FL buys Zhejiang Materials Industry's entire fleet
  • Artist's impression of an eco-ship. Credit NYK Line

The Loadstarweb site
NOVEMBER 15, 2018
  • Major box carriers to launch association to harmonise digitalisation in shipping
  • Supply Chain Radar Exclusive: AP Møller-Maersk ready to deploy its firepower in the US
  • HMM's losses mount as rising costs wipe out profit from increased business in Q3
  • Tomorrow's world looms as supply chains plug in to the Internet of Things
  • Sewerage project shows how the Thames could again be a major cargo route
  • Market Insight: as hungry XPO eyes takeover targets, Ryder comes into view
  • Container shipping alliances now planning to set course for Latin America trades
  • IAG pays out $5.8m in USPS fraud case
  • UK updates code of practice for autonomous ships
  • Chris Lewis set to retire as chief executive of DP World UK
  • Flexport broadens top management team as its services expand
  • Supply Chain Radar: Panalpina takes a small, brave step - bold changes ahead?
  • Under The Radar: As Waberer's plunges, is anybody ready to bite?

Marine Logweb site
NOVEMBER 15, 2018
  • Tidewater merger with GulfMark completed
  • Paris MOU names Luc Smulders as its new Secretary General
  • McDermott celebrates sail away of giant production platform
  • Meyer Turku starts production of first Carnival XL class ship
  • Corvus battery solution picked for advanced hybrid fishing vessel
  • Inmarsat adds new components to its cyber security service

Lloyd's Listweb site
NOVEMBER 15, 2018
  • Shipping's lack of capital could flatten the boom-bust cycle
    Shipping has had debt too cheap for a very long period of time, said Breakwater Capital chief executive Andreas Povlsen.
  • IMO secretary general set for second four-year term
    The IMO Council will discuss next week granting Kitack Lim a second term as secretary general beginning in 2020
  • Fuel rules to raise ocean freight by $7 per tonne, according to grain trade experts
    Engelhart Commodities Trading Partners' head of freight Fergus Garvin labels the 2020 sulphur cap 'the biggest disruption to ocean freight...
  • Lloyd's List forum to focus on the way ahead for shipping
    Our December 11 forum in London has assembled industry strategists to workshop and debate alongside our own editorial and data...
  • Danaos eyes scrubbers for first 11 vessels after profitable third quarter
    Charter rates provide full payback for scrubbers over three years, says chief executive John Coustas
  • Rogue shippers in the firing line as cargo safety plans gather support
    Misdeclared dangerous cargo is a serious issue for the industry and one with severe implications, both in terms of safety...
  • Teekay sees significant cash flows from new LNG carriers
    Teekay's LNG unit is increasing its distribution to $0.76 per common unit and is planning a tax change in the...
  • ICTSI appoints former APMT director as Asia Pacific head
    Mr Dawes' predecessor Christian Gonzalez has been appointed ICTSI's new global corporate head
  • Ichthys Field operator Inpex signs benefits deal with native peoples
    The group already provides various other assistance programmes that include helping students, the elderly and the disabled
  • Bolloré, PowerChina group wins bid to build Nigeria port
    Transshipment volumes are expected to hit 4m teu by 2040
  • Marsoft issues charter rate warning over trade war threat
    Marsoft argues that a fully fledged trade war would cut US-China traffic by 20% and trigger a global recession
  • Trump eyes 'make American shipping and energy great again' plan
    The White House wants to leverage $200bn in federal funding to stimulate more than $1.5trn in improvements over 10 years...
  • Viewpoint: Keeping abreast of maritime training standards
    This would be a very good time to look again at STCW to examine its structural validity
  • Daily Briefing
    Major box carriers unite to drive digital harmonisation | Maersk turns focus to capacity management | Shipping offers cautious welcome...
  • Middle East market helps boost results of Singapore OSV suppliers
    There will continue to be tough competition for rates, players warn
  • IMO urged to consider public access reform
    Corruption watchdog that had criticised the IMO for weak governance warns reforms are necessary to put the GHG emissions strategy...
  • Major box carriers unite to drive digital harmonisation
    The carrier association is inviting other lines to join the initiative, which will be openly available and free of charge...

The Journal of Commerceweb site
NOVEMBER 15, 2018
  • FMC allows PierPass 2.0 but pledges close watch
  • Shippers urged to collaborate up and down the 'demand chain'
  • Activists' Friday protest threatens JNPT operations
  • Container line group aims to jolt slow-going IT standardization
  • US peak-season shippers face bumpy final mile
  • Asian import surge positions US Gulf for more services
  • Rising global cargo threat requires new approach

TradeWindsweb site
NOVEMBER 15, 2018
  • American Shipping posts dip in third-quarter profits
  • Tidewater and Gulfmark seal merger with near unanimous shareholder vote
  • Denholm set to spend Dell cash at helm of Caledonia Maritime
    Shipping heir and well-travelled executive Keith Denholm has left his post at Lorentzen & Stemoco after one year to chase unicorns for US computer billionaire Michael Dell
  • Bondholders challenge GSL and Poseidon merger
    Fund managers argue deal hands reins to George Youroukos and his private equity partner, Kelso
  • Number of scrubber-fitted containerships nears 300
    Yang Ming and MPCC add another 13 units to the total tally as interest grows from charterers for such vessels
  • Feedership values hit new low on market's uncertain outlook
    Secondhand boxship prices drop across the board as buyers wait on the sidelines
  • Jebsen Shipping secures third-party management contract
  • Can Japan's maritime cluster deliver on innovation?
    Shipping and shipbuilding heavyweight is struggling to profit from technological and management prowess as competition intensifies
  • Sinokor cans demolition ship sale as LNG rates hold strong
    Company believed to be looking at other laid-up vessels for potential reactivation
  • LNG newbuildings set to hit 50 with TMS Cardiff Gas in top slot
    Hyundai Heavy Industries bags 18 of the 44 vessels ordered so far in the year
  • Yamal LNG to boost working fleet by two Arc7s before end of this year
  • Shell sweeps into market for 30-strong tanker newbuild haul
    'Project Solar' is setting tongues wagging on specifications, price and who might sign up with the energy major for product and chemical carriers
  • Waivers offer little respite to tanker owners in Iranian trades
    Even though their vessels are not subject to Washington's secondary sanctions, non-Iranian owners are now unlikely to return to the Islamic republic
  • Yasa bags solid price on sale of LR2 as rate rises strengthen tanker values
  • BW Dry Cargo quietly picks up kamsarmax bulker resale
    Latest transaction means the company will now welcome five bulkers from Tsuneishi in 2019
  • Hagland back to Falkeid for self-unloading bulker hire
  • CNOOC gets cold shoulder from Hoegh over second FSRU
    Chinese gas importers are seeking extra capacity for winter but Norwegian firm is giving a frosty reception to enquiries for seasonal contracts
  • Zim turns red despite best revenue since 2014
    Israeli line says market started to recover in third quarter.
  • GNMTC fixes two suezmaxes on short charters at strong rates
    Libyan owner continues to extend front cover for its fleet as market sentiment firms up.
  • Seven Islands continues renewal with Sovcomflot tanker deal
  • Luc Smulders takes over at Paris MOU
    Former naval officer replaces retired Richard Schiferli.
  • Work on Bosporus canal will start next year
    Turkey says new waterway to cut traffic will be ready in 2024.
  • PGS signs $75m seismic survey charter
  • Greece fined $11m over Hellenic Shipyards subsidy
  • Synergy Marine orders $45m dual-fuel PSV
    Malaysian owner takes eco-newbuilding plunge in tough OSV markets.
  • Scrubbers: the best solution or a cynical workaround?
    Majority of respondents believe exhaust cleaners are bad for the environment, but technology has its defenders in heated debate among TradeWinds readers.
  • Awilco cuts LNGC yard stay in booming market
    Norwegian owner wants gas carrier available to take advantage of record rates.
  • Danske Bank boosts Frontline with 2020 upswing in sight
  • Teekay LNG changing structure to lure investors
    End of partnership status aimed at encouraging big institutions to come on board.
  • Torm sells trio of tankers in latest renewal move
    Sales disclosed as Danish shipowner books a loss for the third quarter, which it sees as the market bottom.
  • Teekay Tankers keeps an eye on Opec as recovery shapes up
    Falling oil price could impact rates early next year, shipowner says.
  • Epic Gas confident fleet renewal efforts will fuel profit
  • Maran Gas Maritime looks to nudge up LNG fleet total
  • MTT Shipping inks its biggest feeders in China
    Malaysian owner renewing fleet with deal at Zhoushan Changhong.
  • PGS teams with NYK to sell seismic ship to Japan
    Norwegian owner wins JOGMEC tender with Ramform Sterling.
  • Wilhelmsen: 2020 fuel rules demand smart cost hedging
    Thomas Wilhelmsen says his group will use scrubbers, freight surcharges, speed reductions and derivatives to manage the higher price of low sulphur fuel.
  • HFW backs calls for action on misdeclared cargo incidents
    Law firm says owners, shippers, ports, IMO and regulators need to come together to tackle growing boxship fire problem.
  • ASL Marine posts larger loss in third quarter
    Singapore offshore group continues to suffer, but OSV segment starts to see improved utilsation.
  • Pyxis Tankers sees losses triple on weak MR market
    Product tanker specialist said anticipated improvement in chartering activity failed to materialise.
  • Liner giants plan trade association in digital drive
    Maersk, ONE, CMA CGM, MSC and Hapag say group will strive for "less red tape and better transparency".
  • Lichtblau bullish on tankers at Marine Money

American Shipperweb site
NOVEMBER 15, 2018
  • FMC won't block PierPass changes
    The commission remains concerned about how terminal operators of the West Coast MTO Agreement will apply the joint fee pricing process.
  • Hyundai posts Q3 loss despite increased volumes
    Korean carrier will "put its utmost efforts to stably secure additional cargoes" to fill the 20 ships on order.
  • Ocean carriers 'paving the way' for digital standards
    IT executives from Maersk, MSC, CMA CGM, Hapag-Lloyd and ONE aim to create open standards that other stakeholders in the industry can freely use.
  • Trump nominates two for FMC commissioner vacancies
  • U.S. sanctions 16 Saudi nationals in murder plot
  • Executive Moves: KVH, CHEP and Paris MoU
  • Inmarsat enhances cybersecurity offering

The Bunker Bulletinweb site
NOVEMBER 15, 2018
  • US inventory spike fails to blunt crude-price rebound
    Crude futures shrugged off reports of a sharp inventory build to settle higher as the market eyed larger-than-expected drops in refined-product stocks.
  • External: Praxis Energy Agents DMCC
  • Total-chartered VLGC in process of loading cargo at Ichthys terminal: sources
    The project is scheduled to proceed with the shipment of LPG and onshore condensate as appropriate, an Inpex spokesman said.
  • External: Global Risk Management
  • Supply glut pushes CFR Japan naphtha front-month timespread to 26-month low
    On outright prices, December CFR Japan naphtha swaps plunged $29/mt day on day Wednesday to be assessed at $519.25/mt.
  • Med refiners face logistics, banking issues with Iran crude despite waivers
    "There is lots of uncertainty on how to pay," a crude trader said.
  • South Korea's STX gets Lloyd's Register approval for LNG-fueled MR tanker
    The MR tanker design enables low bunker fuel consumption and helps curb SOx and NOx emissions, STX said.
  • Russian Novorossiisk bunkering operations show signs of recovery: sources
    Currently one tanker is delayed, Russian pipeline operator Transneft said.

›››File
FROM THE HOME PAGE
In the third quarter the port of Koper has handled 287,410 containers (+ 11.8%)
Koper
In the first nine months of 2024, it was 835,506 (+ 2.9%)
New historical record of monthly container traffic in the port of Long Beach
Long Beach / Los Angeles
In October, strong growth in Los Angeles climbing activity.
Italian Port Days initiative obtains EMD certification of the European Union
Rome
The attestation for contributing to the valorisation of sustainability in the Blue Economy with concrete actions
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
ZIM records excellent quarterly economic performance driven by noli uptick and activity with Latin America
Haifa
The fleet transported a record number of containers
In the third quarter, the Viking cruise group's revenues grew by 11.4% percent.
Los Angeles
Increase of 14.3% of turnover generated by ocean cruises
Signed the final agreement on the contract of port workers
Rome
Italian Antitrust initiates an investigation into SAS (MSC group), Moby and Large Navi Fast
Rome
According to the AGCM, competition restrictions may have occurred as a result of the 49% acquisition of Moby's capital by SAS.
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
T&E highlights the need to also count the well-to-tank emissions for LNG used by ships
Brussels
Total greenhouse gases produced would be more than 30% higher than those considered by the FuelEU Maritime Regulation
DFDS and Ekol are rethinking and agreeing on the sale of the Turkish company's international network to the Danish group
Copenhagen / Istanbul
Revised the terms of the deal expired on the first November
Slight downturn in freight traffic in the port of Hamburg in the third quarter
Hamburg
Stable container traffic
The Companies inform
Accelleron initiates partnership with Geislinger to expand service business in the Mediterranean region
Cargotec agrees to the sale of MacGregor to funds managed by Triton
Helsinki
Sale of the value of 480 million that is expected to be completed by the first half of 2025
In the July-September quarter freight traffic in the port of Koper increased by 8.3%
Lubiana
In the first nine months of 2024, the increase was 3.2% percent.
Ok of Ukraine's antitrust enforcement at the entrance of MSC in the capital of HHLA terminalist company
Kiev
The company operates the CTO terminal of the port of Odessa
Inaugurated the new Peruvian port of Chancay operated by China's COSCO Shipping Ports
Lima
Has 1,500 linear metres of docks
More than doubling the value of new orders acquired by Fincantieri in the first nine months of 2024
Trieste
The sunshine committed for shipbuilding grew by +154,3 percent.
Established the Ship Recycling Alliance to speed up the recycling of safe and environmentally friendly ships
Copenhagen
The initiative in view of the entry into force on June 26 of the Hong Kong International Convention
Kuehne + Nagel will acquire 51% percent of the capital of American IMC Logistics
Schindellegi / Collierville
US company mainly operates drayage services
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
In the third quarter of this year, Hapag-Lloyd's revenues grew by 28.2%
Hamburg
Increase of 3.8% of containers carried by the fleet. Average value of nils up 22.9%
In the third quarter freight traffic in the port of Genoa decreased by -4.9% percent while in Savona-I went up by 15.7% percent.
Genoa
Decided increase in transshipment containers determined by the Red Sea crisis. Down the cruises
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
In the third quarter, HMM revenues increased by 67% thanks to the 83% growth in the container segment
Seoul
+116% increase in the value of the average nole per container transported
Evergreen's quarterly financial performance hike
Evergreen's quarterly financial performance hike
Taipei
Taiwanese company invests 186.8 million to buy new shipping containers
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
In the third quarter, container traffic at the Eurokai port terminals grew by 9.9% percent.
Hamburg
In Germany (Eurogate) the increase was 13.6% percent. In Italy (Contship Italy) of 6.8%). Slowing growth at Tanger Med. Damietta terminal will become operational in April
Ok of the Rovigo Tribunal to the Restructuring Plan of Shipbuilding Victory plan
Adria
On the completion of the sale of the company to CNV Srl
Port of Ancona, in 2023, underlines the AdSP-container traffic grew by 5%
Ancona
The Port Authority disputes the data released by the Fedespedi Studies Center
Mr vard will build five support ships in the offshore industry.
Trieste
Designed to accommodate up to 190 people, they will be carried out in Vietnam
Alpe Adria activates new rail service between the port of Trieste and the Malpensa Intermodal terminal in Sacconago
Trieste
Euroseas order in China the construction of two 4,300-teu feeder container
Athens
Quarterly revenue from rentals inj growth of 5.8%
The Analysis of the Fedespea Studies Centre on economic and operational performance of Italian container terminals
Milan
GNV strengthens its business department with two nominees
Genoa
New business manager and new general manager of the company in Spain
On the former Carbonyl of the Port of Genoa, the yards of the foranea dam and the subport tunnel
Genoa
The AdSP Management Committee deliberated it yesterday.
In Genoa, the Graduation Day of the Italian Academy of Mercantile
Genoa
Delivered 50 diplomas at the end of the biennial and three-year formative course
On November 27 in Rome, the public assembly of UNIPORT will be held
Rome
Meeting on the theme "Italian Ports, a network of businesses in the service of the country and of Europe"
Roberto Nappi, founder and director for 40 years of "Corriere Marittimo", has died.
Genoa
His career had begun at the writing of the Telegraph in 1958
New EU sanctions to prohibit the use of ships and ports for the transportation of drones and missiles produced by Iran
Brussels
Masucci confirmed president of Italian Propeller Clubs
Genoa
New mandate for the three years 2024-2027
The seamen of the Galaxy Leader have been hostage for a year
London / Hong Kong
Platten (ICS) : It is unacceptable ; humanity prevails and they are immediately released
MSC will implement a markup of noli for maritime transport from the Far East to the Mediterranean
Geneva
Increases of 25% and 18% for containers from 20 'and 40' direct in the western Mediterranean and Adriatic
Completed the dual-fuel retrofit of a large container ship in Maersk
Copenhagen
He will be able to navigate methanol. Increased the hold capacity
Environmental authorization of the Region to dredging the quays from 19 to 26 of the port of Ancona
Ancona
The intervention will cost a total of 16.5 million euros.
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Intermodal shipments between the port of Trieste and Slovakia are growing
Trieste
In the third quarter the container traffic handled by HHLA dropped by -2%
Hamburg
In Trieste the volumes processed by PLT Italy in the first nine months of 2024 have decreased
In October container traffic in the port of Hong Kong grew by 0.7%
Hong Kong
In the first ten months of 2024, a decline of -5.2%
In the July-September quarter freight traffic in the port of Civitavecchia fell by -11.8%
Cyvitavecchia
The Cruserists increased by 2.7%
Last month the port of Singapore handled 3.5 million containers (+ 8.1%)
Singapore
In the first ten months of 2024, growth was 6.2% percent.
MSC has completed the acquisition of the majority of logistics company MVN
Geneva / Milan
The Milanese business plans to close 2024 percent with a turnover of 100 million euros.
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
In the summer quarter passenger traffic in the cruise terminals of Global Ports Holding grew by 27.5%
Istanbul
Revenue up 23%
SDC freight forwarder introduced artificial intelligence in the management of customs practices
Venice
Annually the practices followed exceed 15mila units
The sale of the shipping company Santandrea from the Pacorini to Aprile
Trieste
The company was founded in 1989 in Trieste
Port of Gioia Tauro, the memorandum of understanding for security in working environments and port operations
Joy Tauro
Will have a duration of three years
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Conference of the CNEL on the Sustainability of Maritime Transport
Rome
It will be held on November 27 in Rome
Conference of Assiterminal entitled "Ports in Connection-ESG, IA, CSRD"
Genoa
It will be held on December 5 in Rome
››› Meetings File
PRESS REVIEW
Sudan govt scraps $6bn Red Sea port deal with UAE
(The North Africa Post)
Argentina enfrenta tarifas portuarias hasta 500% más altas que otros países de la región
(Pescare)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Paola Piraccini appointed as Legal Technical Collaborator of Spininvest
Genoa
Joined in magistrate in 1981, he is a retired cassation adviser
The meeting in Rome between the representatives of Italian ports and ports in Florida
Rome
Expect a comparison to find common themes on which to set up a benchmarking task
This year the Cruserists in the port of Ancona have grown by 18.9%
Ancona
25.1% increase in transits and drop by -5.1% of landings and embarkation
Changed Risso constitutes a joint venture in Cagliari
Cagliari / Genoa
Partnership at 50% with Fausto Saba and Riccardo Vargiu
Ok to the 2025 forecast budget of the AdSP of the Tyrrhenian Sea Centre North
Cyvitavecchia
It presents a surplus of more than 2.5 million euros
In Palermo, the first sheet of the new ferry for the Sicilian region was cut off.
Trieste / Palermo
The delivery of the ship is scheduled for 2026
Global Ship Lease's quarterly revenue records show the first decrease since the end of 2018
Athens
The company believes that its container fleet has very good future prospects of employment
DP World signs an agreement to buy Australian Silk Logistics
Dubai / Melbourne
The expected value of the transaction is approximately 115 million
A worker has passed away in the port of Crotone
Joy Tauro
He would suddenly go down to the ground while talking to some colleagues
Torbianelli : well the ok of CIPESS in financing the future Molo VIII of the port of Trieste
Trieste
Of the estimated 315 million euros, 206.9 are expected by the state
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